https://www.taxtmi.com/caselaws?id=66595 The Tribunal held that the status of the assessee should not be determined as 'Body of Individuals' for the relevant assessment years, as the co-legatees did not exhibit a common design or combined will. Therefore, the assessments framed in this status were cancelled. Additionally, the Tribunal ruled that the levy of interest under section 139(8) and section 217(1)(a) was not permissible for the assessment years 1977-78, 1978-79, and 1979-80, resulting in the cancellation of the interest levied. The appeals were allowed, and both the assessments and interest levies were cancelled. en-us Mon, 13 Dec 1993 00:00:00 +0530 Sat, 05 Mar 2011 10:29:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66595 The Tribunal held that the status of the assessee should not be determined as 'Body of Individuals' for the relevant assessment years, as the co-legatees did not exhibit a common design or combined will. Therefore, the assessments framed in this status were cancelled. Additionally, the Tribunal ruled that the levy of interest under section 139(8) and section 217(1)(a) was not permissible for the assessment years 1977-78, 1978-79, and 1979-80, resulting in the cancellation of the interest levied. The appeals were allowed, and both the assessments and interest levies were cancelled. Case-Laws Income Tax Mon, 13 Dec 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66595